Trade

Exports

Cambodia’s export to fellow RCEP members reaches $5.26 billion

Cambodia exported $5.26 billion worth of goods to fellow member countries of the Regional Comprehensive Economic Partnership (RCEP) in the first eight months of 2023, up 22 percent from $4.3 billion the same period last year, according to the latest report by the Ministry of ...

Khmer Times Staff
https://www.khmertimeskh.com/501372630/cambodias-export-to-fellow-rcep-members-reaches-5-26-billion/

Kingdom earns $327.4M from rice export in 9 months

Cambodia has exported 456,581 tons of milled rice in the first nine months of 2023, bagging a total revenue of $327 million, the Cambodia Rice Federation (CRF)’s press release said. ...

Chea Vanyuth
https://www.khmertimeskh.com/501373248/kingdom-earns-327-4m-from-rice-export-in-9-months/

DCTS scheme reduces tariffs on UK exports

The Ministry of Commerce has urged exporters to adhere to the UK’s rules of origin (RoO) in order to benefit from their Developing Countries Trading Scheme (DCTS), a system of graduated tariffs on imports. ...

Van Socheata
https://phnompenhpost.com/business/dcts-scheme-reduces-tariffs-uk-exports

Cambodia-Oz trade dips 8.5%

Cambodia’s exports to Australia reached $236.92 million in the first eight months of 2023, marking a six per cent decline from the $252.16 million recorded during the same period last year, according to the General Department of Customs and Excise (GDCE). Concurrently, imports from Australia ...

Hin Pisei
https://phnompenhpost.com/business/cambodia-oz-trade-dips-85

Electrical exports spark to $2.1B

Exports of electrical machinery, equipment and related products surpassed $2.1 billion in the first eight months of 2023, marking a near 100 per cent growth from the same period last year, according to the General Department of Customs and Excise (GDCE). ...

Hin Pisei
https://phnompenhpost.com/business/electrical-exports-spark-21b

Cambodia-Oz trade dips 8.5%

Cambodia’s exports to Australia reached $236.92 million in the first eight months of 2023, marking a six per cent decline from the $252.16 million recorded during the same period last year, according to the General Department of Customs and Excise (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-oz-trade-dips-85

Gold export booms in first semester

Cambodia saw a jump increase in gold exports in the first semester of this year, as more domestic gold refinery plants started commercial products. ...

Chea Vanyuth
https://www.khmertimeskh.com/501368438/gold-export-booms-in-first-semester/

Success of live lobster exports sparks market enthusiam in China

A Cambodian firm intends to export more than 1,000kg of live lobsters to China, after its previous test runs proved the product had garnered “substantial market support”. ...

Van Socheata
https://www.phnompenhpost.com/business/success-live-lobster-exports-sparks-market-enthusiam-china

Pepper exports decline 30% Jan-Aug

Cambodia has experienced a 30 per cent decline in pepper exports in the first eight months of 2023, exporting over 5,000 tonnes, compared to the same period in 2022, according to the Ministry of Agriculture, Forestry and Fisheries. ...

Van Socheata
https://www.phnompenhpost.com/national/pepper-exports-decline-30-jan-aug

UK investment, exports set to grow

Recently-appointed UK Prime Minister’s Trade Envoy to Cambodia and Laos Heather Wheeler is looking to expand trade and investment with Cambodia as the two countries celebrate 70 years of diplomatic relations. ...

May Kunmakara
https://www.phnompenhpost.com/business/uk-investment-exports-set-grow

Sluggish industry growth affects Cambodia’s economic outlook as improved tourism recovery expected to boost Cambodian exports

The Asian Development Bank (ADB) has lowered its economic growth forecast for Cambodia to 5.3 percent, down from the earlier prediction of 5.5 percent. The main reason for this revision is the slower-than-expected growth in the industrial sector. This information was included in the ADB’s ...

Khmer Times Staff
https://www.khmertimeskh.com/501363717/sluggish-industry-growth-affects-cambodias-economic-outlook-as-improved-tourism-recovery-expected-to-boost-cambodian-exports/

Fresh Cambodian coconuts, Venezuelan avocados approved to enter China

Chinese customs authorized imports of fresh coconuts from Cambodia and fresh avocados from Venezuela starting on Monday, according to a notice by China’s General Administration of Customs (GAC). ...

Khmer Times Staff
https://www.khmertimeskh.com/501363495/fresh-cambodian-coconuts-venezuelan-avocados-approved-to-enter-china/

Cashew exports to Vietnam decline 16%, says CAC

Cambodia exported 607,000 tonnes of Raw Cashew Nuts (RCN) to Vietnam in the first eight months of 2023 earning $820 million, a decrease of 15.8 percent compared to the same period last year. ...

Nheng Chamrong
https://www.khmertimeskh.com/501361913/cashew-exports-to-vietnam-decline-16-says-cac/

Cambodian Rice Federation reports record rice exports, on track to reach 1 million tonnes by 2025

Cambodia is poised to achieve its goal of exporting 1 million tonnes of rice annually by 2025, as indicated by the country’s rice exports reaching over 400,000 tonnes in the first eight months of the year. ...

Khmer Times Staff
https://www.khmertimeskh.com/501361211/cambodian-rice-federation-reports-record-rice-exports-on-track-to-reach-1-million-tonnes-by-2025/

Cambodia’s exports to S’pore rise by 555% in Jan-Aug

Cambodia’s exports to Singapore rose by an impressive 554.8 percent in the January to August period this year compared to the same period in 2022 – from $72.83 million to $476.90 million. ...

Manoj Mathew
https://www.khmertimeskh.com/501359846/cambodias-exports-to-spore-rise-by-555-in-jan-aug/

RCEP to help Cambodia achieve 2030 goal

The Regional Comprehensive Economic Partnership (RCEP) will help Cambodia to achieve its goal of becoming an upper middle-income country by 2030, said Sok Siphana, Senior Minister in Charge of International and Multilateral Trade and Economic Relations. ...

Chea Vanyuth
https://www.khmertimeskh.com/501359847/rcep-to-help-cambodia-achieve-2030-goal/

Bangladesh, Pakistan, Cambodia, Vietnam face $65 billion apparel export hit from extreme weather

Extreme heat and flooding could erase $65 billion in apparel export earnings from four Asian countries by 2030, as workers struggle under high temperatures and factories close, research from Schroders and Cornell University showed on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501360053/bangladesh-pakistan-cambodia-vietnam-face-65-billion-apparel-export-hit-from-extreme-weather/

Cambodia-US 8-month trade slips 5%

Exports from Cambodia to the US in the first eight months of 2023 dipped 4.8 per cent to $6.1 billion, compared to the same period in 2022, according to the General Department of Customs and Excise of Cambodia (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-us-8-month-trade-slips-5

SEZs drive $26B exports since 2011

Cambodia has 24 special economic zones (SEZ) operating from 2016 to the end of the first half of 2023, with capital investment of $8.1 billion, mainly in sectors such as garment, footwear and travel products, auto parts, electronics, car tyre manufacturing, automotive and bicycle assembly. ...

May Kunmakara
https://www.phnompenhpost.com/business/sezs-drive-26b-exports-2011

Cambodia sees strong rice market in Australia

Local rice miller and exporter Amru Rice (Cambodia) Co Ltd is looking forward to increasing fragrant rice exports to Australia, a market with high growth potential for aromatic rice. ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-sees-strong-rice-market-australia

Cambodia’s exports worth $15.7 billion in 8 months, up 0.3 pct

Cambodia exported products worth $15.7 billion in the first eight months of 2023, a slight increase of 0.3 percent from $15.64 billion in the same period last year, said a General Department of Customs and Excise’s report released on Friday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501357435/cambodias-exports-worth-15-7-billion-in-8-months-up-0-3-pct/

Cambodia earns $278.6 million from milled rice export in January-August

Cambodia exported 401,699 tonnes of milled rice in the first eight months of 2023, earning a total revenue of $278.6 million, the Cambodia Rice Federation (CRF) said in a news release on Saturday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501357757/cambodia-earns-278-6-million-from-milled-rice-export-in-january-august/

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